In this article
Check out the companies making headlines in midday trading.
Johnson & Johnson — Shares of the health care giant rose 1.7% after Johnson & Johnson announced a plan to split itself into two companies. The plan, which would take 18 to 24 months, would spin out the company's consumer products business from its pharmaceutical and medical device business.
Tesla — Tesla fell 3% after CEO Elon Musk's trust on Thursday sold another $687 million in shares, regulatory filings made public Friday revealed. Musk and his trust sold roughly $5 billion worth of stock earlier this week.
Rivian — The newly public electric carmaker's shares extended their climb Friday, rising 4.2% after rallying more than 22% in the previous session. In the
Read more on cnbc.com